COMPANIES

Music streaming giant Spotify said Monday it would reduce its number of employees by around 17 percent in a bid to cut costs amid "dramatically" slower economic growth.

Fifty oil and gas companies representing 40 percent of global production pledged to decarbonise their operations by 2050 at the UN's COP28 climate talks in Dubai on Saturday.

OPEC+ will reportedly expand existing production cuts; oil prices are up as a major climate summit gets underway.

AI is the next big thing in the IT industry. Salesforce wants to be on top of it.

The world's largest retailer has increased the share of U.S. imports from India in recent years, while its Chinese imports have significantly dipped.

The two sides have reportedly agreed on a framework that would establish regular payments by Google to help Canadian media.

The deal could be announced before the end of the year, The Wall Street Journal reported.

Cuban will still run the team's operations, The Athletic reported.

As part of its $400 million investment over the next five years to expand research, development and operations in India, AMD inaugurated its largest design center in Bengaluru on Tuesday.

The company still sees "ongoing consumer softness" putting negative pressure on sales this year.

The agreement between the Wall Street bank and the technology giant could end in 12 to 15 months, according to media reports.

Austrian real estate giant Signa -- whose vast portfolio includes New York's iconic Chrysler building -- on Wednesday announced it would initiate insolvency proceedings, filing for court protection as it undergoes restructuring.

The decision keeps Zhao from playing any role in Binance.US, including in the exchange's governance.

The bank failed to accurately reported answers on demographic data that can be used to identify possible discriminatory practices, CFPB said.

OPEC's Secretary General loudly defended continued investments in oil and gas on Monday, just days before the beginning of COP28 in Dubai.

One of the key issues is the valuation of the Chinese fashion retailer, CNBC reported.

Richard Teng said in his first comments after becoming CEO that Binance is stronger than ever.